Thursday, April 25, 2024
MARKET UPDATE
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Tag "Naira to dollar"

Naira to appreciate, settle at N600/$1 in coming months, says JP Morgan

    Naira to appreciate, settle at N600/$1 in coming months, says JP Morgan

JP Morgan, an American multinational financial services firm, says the naira is expected to appreciate, and trade at about N600 to the dollar in the coming months. The financial institution

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Naira falls to N756/$ at parallel market amid high FX demand

    Naira falls to N756/$ at parallel market amid high FX demand

The naira, on Friday, tumbled to N756 per dollar at the parallel section of the foreign exchange market. The figure represents an depreciation of N8 or 1.1 percent compared to

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Naira appreciates to N740/$ at parallel market as FX demand slows

    Naira appreciates to N740/$ at parallel market as FX demand slows

The naira, on Wednesday morning, appreciated to N740 per dollar at the parallel section of the foreign exchange (FX) market, popularly called the black market. The figure signifies a N10

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Naira slides 0.5% to N581/$1 at parallel market

    Naira slides 0.5% to N581/$1 at parallel market

Nigerian naira traded at N581 per dollar on Friday at the parallel section of the foreign exchange market. The figure is lower by N3 or 0.5 percent from the N578 it

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Naira gains, exchanges for N565/$1 at parallel market

  Naira gains, exchanges for N565/$1 at parallel market

The Nigerian naira gained marginally against the US dollar at the parallel market to trade at N565 per dollar. This

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Naira appreciates to N493/$1 at parallel market

  Naira appreciates to N493/$1 at parallel market

The naira, on Thursday, appreciated by 1.8 percent to N493 to a dollar at the parallel market as the Central

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Naira trades N495/$1 at black market

  Naira trades N495/$1 at black market

The naira, on Thursday, appreciated at the importer & exporter (I&E) window by 0.1 percent to N411/$1 but depreciated by

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Naira closes week at 225.5/$1

  Naira closes week at 225.5/$1

The naira depreciated against the dollar at the parallel market on Friday, closing the week at N225.5. The naira lost

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